Rank faces big property hit
Rank faces big property hit
- 1996
- Sunday Times 3 November 1996, B1(1) .
The Rank leisure group is looking to raise £900m by sale and leaseback arrangements of many of its freehold properties to City institutions. Much of the group`s profits are likely to be wiped out by the current revaluation of all its properties.
LEISURE PROPERTY
RANK
REVALUATION
SALE AND LEASEBACK
The Rank leisure group is looking to raise £900m by sale and leaseback arrangements of many of its freehold properties to City institutions. Much of the group`s profits are likely to be wiped out by the current revaluation of all its properties.
LEISURE PROPERTY
RANK
REVALUATION
SALE AND LEASEBACK